# Yongjie New Materials to acquire two Arconic aluminum plants for $180M

Yongjie New Materials announced a cash acquisition of 100% of Arconic (Qinhuangdao) Aluminum Industries and 95% of Arconic (Kunshan) Aluminum Products for approximately $180 million, gaining about 250,000 mt of high-end aluminum capacity.

- Type: Acquisition
- Announced: 2026-01-28
- Where: Qinhuangdao and Kunshan, China
- Value: $180.0M
- Status: announced
- Capacity: 250,000 mt of high-end aluminum plate/sheet and strip per annum
- Products: high-end aluminum plate/sheet, aluminum strip, lithium battery materials, automotive body materials
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Arconic](https://endata.com/companies/8076.md) (target)
- [Yongjie New Materials](https://endata.com/companies/89937.md) (acquirer)
- [Arconic (Qinhuangdao) Aluminum Industries](https://endata.com/companies/89938.md) (target)
- [Arconic (Kunshan) Aluminum Products](https://endata.com/companies/89939.md) (target)
- [Arconic (Qinhuangdao) Aluminum Co., Ltd.](https://endata.com/companies/90307.md) (target)
- [Arconic (Kunshan) Aluminum Co., Ltd.](https://endata.com/companies/90308.md) (target)

## Sources

- [news.metal.com](https://news.metal.com/newscontent/103743503-smm-new-energy-splashing-out-180-million-yongjie-new-materials-cash-acquisition-of-two-high-end-aluminum-plants-aggressively-targeting-battery-and-auto-body-materials-track), 2026-01-28: "Yongjie New Materials Co., Ltd. announced its intention to acquire 100% equity in Arconic (Qinhuangdao) Aluminum Industries Co., Ltd. and 95% equity in Arconic (Kunshan) Aluminum Products Co., Ltd. through a cash transaction."
- [eeo.com.cn](http://www.eeo.com.cn/2026/0212/790360.shtml), 2026-02-12: "永杰新材（603271）发布公告，公司拟以支付现金方式购买奥科宁克持有的奥科宁克（秦皇岛）铝业有限公司100%股权和奥科宁克（昆山）铝业有限公司95%股权，预计构成重大资产重组。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.